Yes, it's 3rd party. I forget the cost but it's something like a Euro a day. Check on their website. Take the trial, work with their canned data to see how it all works. Like I said, it's slick, one key can enter say a market buy with a 9 tick stop ...

Interactive Brokers - experiences and opinions

AUD, The order entry software Button Trader will sort ALL your problems out. It takes a bit of time to understand how it all works but once that's done entering or changing any type of order is really slick. For your needs it would be easy to set ...

Interactive Brokers - experiences and opinions

Trouble is nobody with a long term track record of success in this business will say it's simple. Yes, some trades might be, but the implementation of many trades in real-time trading isn't. Either they are wrong and you're right, or you're wrong ...

Secrets to improve your trading performance

Thanks FX, I'll check things out re your advice.

Interactive Brokers - experiences and opinions

The more you can learn to judge the character of the current price action especially in relation to changes in character from the past movement the better a) your entries will be (and non-entries) and far more importantly b) the better you'll get at ...

Secrets to improve your trading performance

More money has been lost in the game of trading from people not using stops than all the other reasons combined.

Real Fx traders do not use stoploss

Realise that when there is thrust it means something. What, you don't know but the price action afterwards often gives great clues. Thrust means a sudden imbalance of supply over demand (or vice-versa) so it's very important. Thrust is also the ...

Secrets to improve your trading performance

Concentration. Trouble is with short term trading you need to utilise double concentration. 1) normal concentration, 2) concentration to help keep you out of the crowd (or price action). If you get caught up there, this game is deadly. Sadly ...

Secrets to improve your trading performance

I think this guy knows what he's talking about. Some argue, and I believe with authority, that a micro-dose is a breakfast of champions and no, I'm not joking. Please PM me Mr H if you've got some good information on the topic. I've got a pretty ...

Secrets to improve your trading performance

Does anyone know the IP address for Interactive Brokers FX feed? Or know where/how to get the information? Some say it's in Zurich but surely it should be in London as that's where everyone else's is (for FX).

Interactive Brokers - experiences and opinions

Forexia, it's no different than cars. Some drive 10 year old Toyota's (regardless of how much money they have or haven't) because they view a car as a tool to get from A-B. Others if they can afford them buy cars costing a fortune but they don't ...

Show us your workstation!

Any trader can build a dynamite trading strategy from utilising the infamous 7th Law - Dramatic price movements tend to unfold from price structures that minimise participation. So again, look at 100+ charts, look for the good moves, what happened ...

Tips for an uninspired trader?

Go look at 100 charts, any time period. Look for the really big moves, then look at the previous 1-20 bars to see if before the big moves the same sort of thing happened. Then look at 100 more until you start to understand how and why markets move ...

Tips for an uninspired trader?

If you think this only happens to you, you're 100% wrong. Many years ago I was one of the brokers for one of the biggest punters on the LIFFE exchange, for him to make several thousand £ in a day was not uncommon. I can't tell you how many fills I ...

Take profit missed by a pip, What would you do?